Ground floor at Fuk Wah Street

Social movements continue to ferment, making the market wait and see a strong atmosphere, and then record low-price transactions

the news indicates that the ground floor of Fuk Wah Street, Sham Shui Po, with an area of ​​about 1,100 square feet, was sold at 20.7 million, about 20% lower than the market price.

According to market news, the site is a ground floor shop at No. 122, Fuk Wah Street, Sham Shui Po, with an area of ​​1,100 square feet, and an additional 800 square feet of attic, which was sold for 20.7 million yuan, with a price of about 18,818 yuan.

It is reported that the shop is now leased by the audio-visual shop for 62,000, and buyers are expected to enjoy a rental return of about 3.6%.

Rental return 3.6%

Li Genxing, founder of Shenghui Retail Shop Fund, said that the above-mentioned shop is still priced at 30 million yuan in the middle of this year.

However, due to the influence of social movements, the asking price has been reduced and decreased

The current transaction price is about 20% lower than the market price. The area is large, the traffic is good, and the medium and long-term line has the opportunity to be acquired by the consortium. He himself also offered to buy at 18 million, but failed to buy.

According to the information of the Land Registry, the original owner of the Shanghai site purchased it in a basket of 19.6 million in 2012 and registered it in the company’s name, Shin Kong Investment (Hong Kong) Co., Ltd. NEW LIGHT INVESTMENT (HONG KONG) LIMITED.

According to the information of Midland Commercial and Industrial Stores, another shop was recorded on Fuhua Street on the 28th of last month. It was No. 17 to 25, with an area of ​​660 square feet, and another 660 square feet was sold for 13.5 million. About 20454 yuan.


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